Cooper-standard Holdings (CPS) Tops Q1 EPS by 87c

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Go back to Cooper-standard Holdings (CPS) Tops Q1 EPS by 87c

Jefferies Raises Price Target on Cooper-standard Holdings (CPS) to $95; Reiterates Buy

May 5, 2016 9:32 AM EDT

Jefferies reiterated a Buy rating on Cooper-Standard Holdings Inc. (NYSE: CPS), and raised the price target to $96.00 (from $83.00), following the company's 1Q earnings report.

Analyst Bret Jordan commented, "CPS reported adj. Q1 EBITDA margin of 12.0% (vs. our estimate of 11.2%) as improved operating efficiency... More